Engineering Profits, Blue Sky Outlooks - Research Report on US Airways Group, Inc., Southwest Airlines Co., Lockheed Martin Corporation, General Dynamics Corp. and Wynn Resorts Ltd.
NEW YORK, February 19, 2013 /PRNewswire/ --
Today, National Traders Association announced new research reports highlighting US Airways Group, Inc. (NYSE:LCC), Southwest Airlines Co. (NYSE:LUV), Lockheed Martin Corporation (NYSE:LMT), General Dynamics Corp. (NYSE: GD) and Wynn Resorts Ltd. (NASDAQ: WYNN). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
US Airways Group, Inc. Research Report
US Airways reported its highest ever annual profit of $537 million or $2.79 per diluted share in 2012, despite incurring losses of approximately $35 million due to Hurricane Sandy during the fourth quarter. The stock price went as high as $15.41 this month after going as low as just $4 in late 2011. Imperial Capital put a target price of $20 with an "outperform" rating. The airline recently grabbed headlines with its plan to negotiate a merger with bankrupt AMR Corp, parent company of American Airlines, which is set to be completed in two weeks' time, with only the final price and management structure left to be discussed. The merger would result to the creation of the world's largest airline, and would help both carriers compete with larger competitors United Continental Holdings Inc. and Delta Air Lines Inc. The Full Research Report on US Airways Group, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.nationaltradersassociation.org/r/entire_report/875f_LCC]
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Southwest Airlines Co. Research Report
Southwest Airlines was meanwhile given a price target of as high as $15 and a "buy" rating from various analysts despite seeing its fourth quarter profits take a plunge by more than half due to rising costs on fuel, labor, and maintenance. Revenues did rise, though, as the average fare increased by almost $8 from last year. Nevertheless, annual profit was 26 percent higher than in 2011, with a net income of $417 million. So far, 2012 was the company's 40th consecutive year of profitability. The airline known for its "no-fee" policy, which does not charge the passengers' first two bags or give penalties as high as $150 for changing tickets, will be adding a new fee of $40 for customers to move up the boarding queue to be among the first few to board its flights, a change from the usual first-come first-serve policy. With such added costs plus higher payroll taxes brought by the recent fiscal cliff deal, Southwest Airlines executives still expect good results for the first quarter of 2013, as revenue trends and bookings are "looking very solid" for them. The Full Research Report on Southwest Airlines Co. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.nationaltradersassociation.org/r/entire_report/6718_LUV]
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Lockheed Martin Corporation Research Report
Weakening sales due to slow government spending resulted to a $700 million decrease in the net sales of Lockheed Martin Corporation (NYSE:LMT) [Full Research Report](1) in 2012. The Pentagon's biggest supplier of defense technology systems and products reported a 19% decrease of earnings of $1.73 per share during the last quarter compared to $2.14 during the same period the previous year. However, Lockheed CEO and President Marillyn Hewson expects that the company's "dedicated team, broad portfolio, focus on program execution and proactive reduction efforts" which contributed to a "record performance and backlog in 2012" will be able to sustain the current yield of 4.98%, a shy away from the 5% mark. In the face of low demand due to budget cut in military spending, Lockheed foresees a rise in earnings per share between $8.80 and $9.10 in 2013. Just this month, the company receives a $90 million performance-based logistics contract on the U.S. Army's M-TADS/PNVS, the electro-optical fire control system used by Apache helicopter pilots. This technology provides pilots with "long-range, electro-optical precision engagement and flying capabilities. The contract was awarded to ensure the "continuous improvement of processes, services and products that benefit our warfighters," according to Tom Eldredge, program director of M-TADS/PNVS international and support programs at Lockheed Martin Missiles and Fire Control. The Full Research Report on Lockheed Martin Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.nationaltradersassociation.org/r/entire_report/4185_LMT]
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General Dynamics Corp. Research Report
General Dynamics Corp. is also continuing to be a strong key player in the defense industry despite the uncertainties posed by the potential sequestration. Last January 24, General Dynamics announced the Mobile User Objective System (MUOS) upgrade order from the Army. Valued at $5 million, the upgrade is designed to address the enhancement of 100 Handheld, Man pack, Small Form Fit AN/PRC-155 two-channel radios to enable communication with the military's MUOS. The MUOS waveform will deliver high-speed voice and data communications and 10-times greater capacity than the military's current satellite communication system. Despite recording a $2.1 billion loss during the previous quarter, General Dynamics Chairman and CEO Phebe N. Novakovic said that the company "anticipates earnings per share from continuing operations to be in the range of $6.60 to $6.70." Because of the shrinking government budget at home and overseas, Novakovic noted that some of the markets are contracting but provide opportunities for improvement. This aggressive approach to the business seemingly gave way to a strong yield of 2.9% in the present and an outstanding dividend growth over the past two decades. The Full Research Report on General Dynamics Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.nationaltradersassociation.org/r/entire_report/7363_GD]
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Wynn Resorts Ltd. Research Report
The recent numbers of the companies are enough to substantially determine where the hospitality and gaming industry is heading. The US economy is expected to gradually take off on the second half 2013. However, the present economic barriers are hindering Wynn to make a bold move towards their pursuits for business expansions and for driving more people (and their money) into luxurious hotel and casino splurges. As a result, Wynn as well as other competing companies is thinking about investing where the money lies, even if it means venturing outside the US. Wynn has luxury resorts and casino properties in Macau, the only region in China where gambling is legal and is a continuously flourishing industry despite the lukewarm economic condition in Asia. In fact, Macau casino revenue skyrocketed by 13.5 percent last year, recording an epic $38 billion profit, boosted by its 35 casinos. Through this success, Macau retains its position as the biggest gambling market in the world. Thus, more and more foreign luxury businesses are turning to Macau, including Wynn, which have already built their casino empire in the region more than 5 years ago. The Full Research Report on Wynn Resorts Ltd. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.nationaltradersassociation.org/r/entire_report/5aab_WYNN]
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SOURCE National Traders Association
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